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Growth trend continues for Kering in Q3

Luxury fashion group Kering has reported its financial results for the third quarter of the 2022 fiscal year.

Kering reports growth for first half of 2022

Kering has reported its H1 2022 financial results, achieving a reported revenue increase of 23% to €9.93 billion (up 16% on a comparable basis).

Burberry growth in first quarter disrupted by China lockdowns

Burberry Group has released its financial results for the first quarter of the 2023 financial year, achieving minor sales growth.

Kering reports record revenues in 2021

The fashion group has reported its full financial results for 2021, with record revenue up 35% a comparable basis compared to 2020 and 13% up on pre-pandemic 2019 at €17.6 billion (US$19.98 billion).

Portuguese footwear and leather goods exports rebound

In the first ten months of 2021, Portugal exported 58 million pairs of shoes, worth €1.41 billion (US$1.6 billion), which reflects an increase of 9% on a comparable basis to the previous year.

Europe remains the main destination for Portuguese footwear exports. 

10% increase on pre-pandemic revenue for Kering

The France-headquartered luxury conglomerate has reported group revenue increases for the third quarter of 2021 of 12.2% on a comparable basis with Q3-2020 and 10% up from Q3-2019.

All houses contributed to Kering’s strong H1 performance

The France-headquartered luxury conglomerate has reported consolidated revenue of €8,047.2 million, up 49.6% as reported and 54.1% on a comparable basis; recurring operating income of €2,237.0 million, up 134.9%; recurring operating margin of 27.8%; net income of €1,479.0 million, attributable to the group; as well as recurring a net income attributable to the group of €1,477.4 million.

Burberry makes good start to new fiscal year

The luxury British fashion house has seen strong recovery in the first quarter of the 2022 financial year, with comparable store sales now in line with pre-Covid-19 trading despite a continuing challenging environment.

Genesco first quarter net sales increased 93%

The U.S. headquartered retailer of branded footwear and accessories has reported its results for the first quarter of fiscal 2022, with net sales increasing 93% to US$539 million from US$279 million in the same period in fiscal 2021.

Year-end preliminary results for Burberry look promising

The luxury British fashion house has released its preliminary results for the year ended March 27, 2021, which showcases accelerated recovery and full-year sales growth of 32% in the final quarter of 2021.